Settings8H · net · $10k
Funding arb · Price arb /

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h −0.007%
Price spread now: Binance against QFEX+0.007%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.008%+$1 on $10k
Price spread, last 2 days (all we have)+0.067%+$7 · spread now +0.007%, 7d avg +0.018%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX COST-USD899.010.0043pay 0.0005% / 1h8m 08s$1.1M$2.8M10x
ShortBinance COSTUSDT899.080.0065get 0.0065% / 8h2h 08m$1.1M$969K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$4.62
Price spread: +0.007% → +0.018%
−$1.09
Slippage, 4 orders
−$33.18
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$49.66
Costs to cover
0.532%
Break-even
82.3 days
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 9 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago1.78 bp9.4 bp −$9doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.78 bp21.4 bp −$2197.3 bp −$973doesn't fitdoesn't fit

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.25−0.085%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.03+0.002%$470K$193K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.57+0.062%$432K$137K10xas long as short
Gate COST_USDT0.0000%8h899.36+0.039%$523K$26K25xas long as short
Bitget COSTUSDT0.0000%8h898.68−0.037%$398K$125K25xas long as short
Variational Omni COST0.0000%8h899.21+0.022%$42K$19Kas long as short
SunX COST-USDT0.0000%8h898.30−0.079%$1K$3.3M10xas long as short
HTX COST-USDT0.0000%8h900.92+0.212%$10K$42K10xas long as short
Injective COST/USDC PERP+0.0033%1h891.98−0.782%$2K$28K12xas long as short
Extended COST-USD+0.0040%1h898.31−0.078%10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COST-USDlong+0.0043%1h899.01long leg$1.1M$2.8M10x
Vest COST-USD-PERP+0.0046%1h898.35−0.073%25xas long as short
tradeXYZ xyz:COST+0.0050%1h898.72−0.032%$1.8M$536K20xas long as short
Binance COSTUSDTshort+0.0065%8h899.08+0.007%$1.1M$969K20x
KuCoin COSTUSDTM+0.0100%8h898.30−0.079%$41K$839K20xas long as short